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known for their fresh, glazed, yeast-raised doughnuts, known as "Hot Original Glazed",
Krispy Kreme also make more than a dozen other varieties of yeast-raised and cake
doughnuts. But the company is currently going through financial turmoil along with
possible earnings management.
Krispy Kreme Doughnuts recently announced that they are slashing 125-130 jobs,
the vast majority in Winston-Salem. The company is eliminating one-fourth of their staff
in order to cut costs. Also, they recently sold their corporate jet to a Wilmington company
for $30.5 million. It is evident that the donut empire is suffering from liquidity and cash
flow problems...
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Common topics in this essay:
- Elaborate and explain the organizational structure, powers & function of the Securities Commission with a brief comparison and/or reference to the Kuala Lumpur Stock Exchange and Kuala Lumpur Commodities Exchange.
- KRISPY KREME DOUGHNUTS
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